Mileage Rate 2024 Reimbursement

Mileage Rate 2024 Reimbursement. The 2024 medical or moving rate is 21 cents per mile, down from 22 cents per mile last. * airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles when submitting a voucher using the formula (1 nm equals 1.15077945 sms).

The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. If you are an employer, go to automobile and motor.